Deals
DBAG's Ding Group bolts on Iska Schön
GP is pursuing a buy-and-build strategy in the telecoms infrastructure sector
KKR buys Viridor from Pennon in £4.2bn deal
Enterprise value of the company equates to 18.5x its adjusted 2018/19 EBITDA of ТЃ225.4m
Active Capital buys Delta Coastal Services
GP deploys capital from Active Capital Company Fund IV, which closed on €85m in September 2019
Viridor/KKR shows sponsor route to waste opportunities in Covid-19 market
Waste management, and particularly energy-from-waste, is fast becoming an area of heated dealflow
Francisco Partners-backed EG acquires Holte
Deal comes nearly a year after Francisco Partners acquired a majority stake in EG from Axcel Management
HBL acquires ZWT Wasser- und Abwassertechnik
GP will seek add-ons in Germany and elsewhere in Europe, as well as promoting organic growth
BayBG backs round for EverReal
Seed round extension follows the first round in November 2019, backed by HTGF and Seed X
Secondaries buyers expect 30% volume drop over next two months - research
Five out of 37 buyers still appear opportunistic and expect activity to go up
Omers-backed ERM acquires MJ Bradley & Associates
GP in 2015 paid an enterprise value of $1.7bn to acquire ERM from Charterhouse Capital Partners
Capricorn Partners, Novax back Prolupin
Existing investors Munich Venture Partners and eCapital Entrepreneurial Partners also participate
Baird Capital backs Aura Futures
Baird is currently investing from its maiden globally focused private equity fund, which closed on $310m
BGF leads £9m investment in Localised Group, Retail Services
As part of the deal, John Davison joins both companies as non-executive director
Axia buys insurance business Direct Gap
Gordons provides legal advice and Naylor Wintersgill provides financial due diligence services
Immatics acquired by sponsor-backed Arya
Immatics will receive proceeds of approximately $252m upon closing of the deal
RTP Global et al. back €18.5m round for Penta
Existing investor HV Holtzbrinck co-led the round for the Germany-based banking platform
Triton-backed Unica acquires PCT Koudetechniek
Deal is Unica's sixth acquisition under the ownership of Triton
CBPE sells SpaMedica to Nordic Capital-backed Ober Scharrer
Nordic Capital is currently investing from its ninth fund, Nordic Capital IX, which closed on тЌ4.3bn
Mediterra exits Mobiliz to GPS Bulgaria
Mediterra acquired Mobiliz for a total consideration of €5.05m in November 2012
ECI-backed IT Lab acquires Sol-Tec
Unquote understands ECI Partners provided no fresh equity for the acquisition of Sol-Tec
Inverleith-backed Planet Organic buys As Nature Intended
Deal reportedly makes Planet Organic the UK's largest organic grocery chain
ESO backs facilities service Churchill
Current executive directors Joel Briggs and Phil Moxom will continue to lead the company
Chiltern acquires Doby Verrolec
Chiltern is an evergreen investor that provides equity cheques of ТЃ3-15m of equity
TDR, Lone Star and Apollo make bids for Asda
Walmart is selling its majority share of the company and could command more than ТЃ7bn for the asset
Evli leads $17m series-A for Refurbed
Company aims to reach $100m in GMV in 2020 and to expand to additional European markets